Registration number: 12460592

Darfield Motor Controls Ltd

(Registration number: 12460592)

Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	3	-	2,200
Current assets
Stocks		250	250
Debtors	5	15,510	23,849
Cash at bank and in hand		45,802	6,141
		61,562	30,240
Creditors: Amounts falling due within one year	6	(28,644)	(2,800)
Net current assets		32,918	27,440
Net assets		32,918	29,640
Capital and reserves
Called up share capital		100	100
Retained earnings		32,818	29,540
Shareholders' funds		32,918	29,640

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 12 September 2025 and signed on its behalf by:
 

.........................................

Mr G I Hall

Director

Darfield Motor Controls Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	Accounting policies

Statutory information

Darfield Motor Controls Ltd is a private company, limited by shares, domiciled in England and Wales, company number 12460592. The registered office is at 5 Sidings Court, White Rose Way, Doncaster DN4 5NU.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in statement of income and retained earnings, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Darfield Motor Controls Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

1	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation rate
Office equipment	25% Straight Line
Plant and machinery	25% Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation rate
Goodwill	20% Straight Line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Darfield Motor Controls Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

3	Intangible assets

	Goodwill  £	Total £
Cost
At 1 March 2024	11,000	11,000
At 28 February 2025	11,000	11,000
Amortisation
At 1 March 2024	8,800	8,800
Amortisation charge	2,200	2,200
At 28 February 2025	11,000	11,000
Carrying amount
At 28 February 2025	-	-
At 29 February 2024	2,200	2,200

Darfield Motor Controls Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost
At 1 March 2024	11,500	650	12,150
At 28 February 2025	11,500	650	12,150
Depreciation
At 1 March 2024	11,500	650	12,150
At 28 February 2025	11,500	650	12,150
Carrying amount
At 28 February 2025	-	-	-

5

Debtors

	2025 £	2024 £
Trade debtors	6,865	1,938
Amounts owed by related parties	8,645	6,111
Other debtors	-	15,800
	15,510	23,849

Darfield Motor Controls Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

6

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	387	-
Amounts due to group undertakings	18,498	-
Taxation and social security	8,248	1,235
Accruals and deferred income	1,511	1,410
Other creditors	-	155
	28,644	2,800

7	Parent and ultimate parent undertaking

The company's immediate parent is Londar Holdings Limited, incorporated in England & Wales.